The Public Security Bureau of Haikou City, Hainan Province, China said yesterday that the Longhua Branch of the Haikou Public Security Bureau officially officially investigated the public deposit case of Phoenix Zhixin Information Technology (Haikou) Co., Ltd. on Friday (April 30).He is currently being investigated by the company's legal representative and actual controller, and criminal detention cases in accordance with the law.

He refers to He Xin, the son -in -law of Liu Changle, chairman of the Board of Phoenix Satellite TV.

According to the police report issued by the Haikou Public Security Bureau on the official Weibo, public security organs in China have opened the channels of the case, and those who are damaged by the benefit are reported to the local public security organs.The public security organs will make every effort to investigate and do a good job of pursuing stolenament and damage, and effectively protect the legitimate rights and interests of the masses.

Interface News quoted investors, saying that just a few days before the case filed, Phoenix Zhixin also sent a message saying that the platform is accelerating the application for exit: "Since the start of the business from September 10, 2020Carry out, continue to strengthen the collection of collection, and strive to connect the credit reporting system to help lenders recover the corresponding borrowing items. Since the relevant withdrawal of the relevant withdrawal channels at the end of January 2021, as of April 22, 2021, the cumulative application for exit 35,229 people, Have completed the exit 8096 people. The application for submitted submitted is accelerating the review. "

In September 2020, Phoenix Financial suddenly removed the online loan product on the platform. Since then, the platform borrowing project has a large area overdue, and the progress of the repayment is almost stagnant.Phoenix Satellite TV is also in the vortex of public opinion.

Statistics show that as of October 15, 2020, the balance of platform lending was 9.77 billion yuan (RMB, the same below, about S $ 2.02 billion), and the number of borrowers was 70,375.

Investors have complained to the regulatory authorities that since the suspension of the bid in September 2020, Phoenix Zhixin has no positive communication with the lender.

Hainan Provincial Local Financial Supervision and Administration Bureau responded that relevant departments have been actively promoting the withdrawal of Phoenix Zhixin. In the past 6 months, the business of Phoenix Zhixin has investigated and monitored the depository account of Phoenix Zhixin.The public security department checked the report materials of Phoenix Zhixin provided by the lender. At the same time, the relevant government departments are also actively promoting the access to the credit collection system of Phoenix Zhixin overdue borrowers to help lenders recover the "escape debt".

Tianyan Checai information shows that Phoenix Zhixin was established on May 6, 2016, with a registered capital of 500 million yuan. The legal person is He Xin and the wholly -owned subsidiary of Fengxin Technology (Haikou) Group Co., Ltd.After the equity penetrated, He Xin's indirect shares were 71.97%.

Earlier data showed that Phoenix Finance claimed that it was a smart financial service platform under the Phoenix Satellite TV Group, including online loans, funds, wealth management, current periods, brokers and other investment services.Today, the word "Phoenix Satellite TV" has completely disappeared from the official website of Phoenix Finance.

On April 27th, three days before the investigation by the police, Phoenix Zhixin posted a statement to reply to all Phoenix Finance lender, "Phoenix Zhixin is a wholly -owned subsidiary of Fengxin Technology (Haikou) Group Co., Ltd.Because of the combination of indirectly holding 8.5%of Fengxin Technology, it is only a financial investor in Fengxin Technology, not a shareholder of Phoenix Zhixin, nor has it participated in the actual operation and management of the platform. "

The report quoted the news that Phoenix Satellite TV has not acknowledged that Phoenix Finance is its affiliated company, and announced many times that He Xin is an independent natural person. His relationship with Phoenix Satellite TV is limited to him as the chairman of Phoenix Satellite TV's board of directors Liu ChangleHis daughter -in -law.

On February 26, 2021, the head of the head Liu Changle resigned as the president of Phoenix Satellite TV.

Phoenix Satellite TV issued an announcement on April 18 that its main shareholders signed a framework agreement with the wholly -owned subsidiary company of the Bauhinia Culture and the Civic Group today in Asia, which will sell 10.49 billion shares and 845 million yuan to the two.The shares of the share of the share of the shareholding of the shareholding of the shareholding of the company account for about 21%and 16.93%of the company's issuing equity.Today Asia's actual controller is Liu Changle.If the transaction is approved and completed, Asia will no longer be a shareholder of Phoenix Satellite TV today.